After holding a meeting with market-related agencies and experts, the Korea Financial Services Commission issued a statement saying that in the face of increased stock market fluctuations, South Korea's financial supervisory authorities will closely monitor domestic and foreign markets and can quickly launch emergency plans if necessary. Regulators and market experts said that due to expectations of global interest rate hikes, uncertainty about investment and profit prospects in artificial intelligence semiconductors, and rising oil prices, the rate of decline in the stock market and capital flows may be overreacting. Regulators will crack down on acts disrupting the market, including false rumors, market manipulation, and illegal short selling. Lee Ik-won, chairman of the Korea Financial Services Commission, urged financial institutions to avoid indiscriminate credit while strengthening customer protection and risk management.

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